Meta (formerly Facebook) is reportedly in discussions to acquire an AI-focused venture fund for more than $1 billion, according to The Information. This move signals Meta's aggressive push into artificial intelligence, likely aiming to bolster its tech portfolio and stay competitive in the AI arms race.

Editor’s Note: If this deal goes through, it’s a big bet by Meta to double down on AI innovation—either by absorbing cutting-edge startups or gaining strategic insights from the fund’s investments. For the tech world, it’s another sign that AI is the hottest battleground right now, with giants like Meta willing to spend heavily to stay ahead. For everyday users? It could mean smarter features in Meta’s apps down the line—or just more AI hype to sift through.